Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 7, 2020. Morrison's kicked off the Christmas trading updates for UK supermarkets this morning with a gloomy warning which revealed falling sales and a challenging outlook. The group said like-for-like sales for the first 22 weeks…
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It is no surprise that Tezos (XTZ) skyrocketed, as Binance is set to launch the "zero-fee" staking of XTZ today. Tezos is an open-source blockchain project that basically evolves by upgrading itself. What this means is that the digital coin can have its updates without going through a hard fork. The staking service that Binance…
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Binance, the world’s largest crypto exchange by volume, is back in the news again, but not to announce a new product line or special feature for its global client base. This time around, the company is proud to proclaim that it will lead the industry in its efforts to comply with the stringent proposals of…
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Coinbase, the largest crypto exchange in the United States, announced on its blog that it is considering an expansion of its current offerings by 17 token projects, none of which are presently listed on any exchange. According to Bitcoinerx: Only 53 of the 2880 assets listed on CoinMarketCap are available to exchanges across the Coinbase…
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Binance, the world’s largest crypto exchange by volume, has had an incredible growth story since 2017, setting up exchanges across the globe and moving its headquarters to the crypto receptive market of the Republic of Malta. The amazing part of this unique storyline, however, is that it has made its achievement without ever having to…
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Binance, despite some bad luck in the past, continues to disrupt new crypto markets, as the latest move of the exchange is to launch a trading desk operation for the US market in the upcoming several weeks. This comes off as great news for US-based clients, as some were worried about Binance's strategy in the…
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The largest cryptocurrency exchange Binance is now launching a new USD-pegged stablecoin in the U.S. The more exciting news is that the new coin, called BUSD, has been approved by the New York Department of Financial Services or NYDFS. The other partner on the project is Paxos Trust Company. The Binance stablecoin will be pegged…
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August 28th, a day that might go down in history books to denote when Binance, the world’s largest crypto exchange by volume, began its lending services, while at the same moment it came perilously close to crossing a major compliance land in the sand. The firm’s outspoken and charismatic leader and CEO, Changpeng “CZ” Zhao,…
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And now there are two contenders for the “2019 Crypto Hubris Award”, as if Libra needed a competitor to spur it on to victory or to smash it flat in defeat. Binance, the world’s largest crypto exchange by volume, in its infinite wisdom has decided to join the race to assist the un-banked masses of…
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The tale of the one and only hack of the world’s largest crypto exchange is back in the news, as hackers began their task of laundering the 7,074 Bitcoins that were stolen back in early May from Binance. Coinfirm, a crypto analytics firm, has been keeping tabs on the various addresses where these coins, now…
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